$288,000
●
House -
Off Market
511 BALSAM RD
CHERRY HILL, NJ 08003
4 Beds
3 Baths,
1
Half Bath
$741,667
RealtyHop Estimate
131.84%
Since Feb 1, 2012
National-US
Primary Model
About This Property
REDUCED!! Welcome to this spacious and bright home in the community
of Woodcrest. Expansive Foyer with oversized coat closet. Formal
Living Room with large window open to custom appointed Dining Room.
Great country kitchen, generous work and pantry space,bookshelves,
Newer cabinets, tile counter top and backsplash. Breakfast area
features French doors open to the deck. Adjacent Family room
includes a gas, brick fireplace with a stone mantle. French Doors
open to oversized refurbished deck and grounds. Powder room,
Laundry room and two car garage complete this floor.2nd
Floor-Master Bedroom with large custom built in closet and sitting
area. Remodeled bath with vanity area and tiled shower. Three
additional good sized bedrooms and large tiled Hall Bathroom.
Lower Level recreation room which adds an extra dimension of
entertaining to this home.Newer HVAC. Minutes to PATCO, Rte
295,Tpke and Center City Philadelphia. Award winning Cherry Hill
Schools. Available for immediate occupancy.
Unit Size
-
Days on Market
-
Land Size
0.29 acres
Price per sqft
-
Property Type
House
Property Taxes
$823
HOA Dues
-
Year Built
1972
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (Bright MLS #1004378506)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2012 | Sold | ||
| Sold | |||
| May 4, 2011 | Listed by BHHS Fox & Roach-Cherry Hill | $319,900 | |
| Listed by BHHS Fox & Roach-Cherry Hill | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Springdale
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Listed by: Judy Edell
BHHS Fox & Roach-Cherry Hill
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# 1004378506
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
BHHS Fox & Roach-Cherry Hill
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# 1004378506
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